Marathon Mortgage Rates

Marathon

As of May 1, 2025

As of May 1, 2025

Term
Best Rates
Other Details
Inquire

  • 1 Year Fixed

    -

    Payment: -

    20/20 pre payment

  • 2 Year Fixed

    5.54%

    Payment: $18,94/mo

    10-20/10-20 pre payment

  • 3 Year Fixed

    3.94%

    60 day rate hold

    Payment: $18,94/mo

    10-20/10-20 pre payment

  • 4 Year Fixed

    4.94%

    Payment: $18,94/mo

    10-20/10-20 pre payment

  • 5 Year Fixed

    3.99%

    Payment: $18,94/mo

    10-20/10-20 pre payment

  • 10 Year Fixed

    -

    Payment: -

    -

  • 5 Year Variable

    4.05%

    Payment: $18,94/mo

    10-20/10-20 pre payment

Marathon Mortgage Contact

Visit: MarathonMortgage.ca

Call: 416-603-6060,

Email: info@marathonmortgage.ca

Marathon Fixed Rates and Variable Rate Mortgages

Why Adjustable Rates Are Worth a Look

Marathon Mortgage has a variety of mortgage options, but their variable rate, or ‘adjustable-rate mortgages’, are especially interesting. These come with an initial interest rate that’s often lower than what you’d get with a fixed-rate mortgage. For example, their 5/1 and 7/1 ARMs lock in a lower rate for the first five or seven years, and then the rate can change each year after that.

What You Should Know About Adjustable-Rate Mortgages

Adjustable-rate mortgages are pretty straightforward. The interest rate can change over time with the Central Bank of Canada’s overnight rate. Marathon Mortgage’s 5/1 and 7/1 ARMs give you a fixed rate for the first five or seven years. After that, the rate can go up or down each year. This could be a good fit if you plan to sell or refinance your home before the rate changes. Remember that if interest rates go up, so will your monthly payments.

Fixed Mortgage Rates at Marathon

Marathon Mortgage also offers something called a Rate Hold for their fixed rates. You can lock in a rate for either 90 or 120 days. This feature has a small premium, like an extra 0.05% for the 90-day hold and 0.10% for the 120-day hold. It’s a nice option if you’re still shopping for a home but want to secure a rate.

Customer Service Reviewed

Marathon Mortgage is big on customer service. They aim to make the mortgage process as smooth and simple as possible. They focus on giving you a hassle-free experience that’s also cost-effective and quick.

Why Marathon Mortgage Could Be Right for You

Marathon Mortgage offers both fixed and adjustable-rate mortgages, so you’ve got options. They also put a lot of emphasis on customer satisfaction. With the current rates and the option to hold a rate, they’re definitely worth considering for your next home purchase.